Taxfyle announced the launch of Plan, an AI-powered tax planning platform designed for registered investment advisors (RIAs) and wealth management firms seeking to scale tax strategy and execution across their client base.

Developed by Taxfyle, Plan transforms tax planning from a manual, time-intensive process into an AI-driven workflow that connects analysis, client-ready reporting, and outsourced tax filing in a single system.

The platform allows advisors to upload a tax return and receive rapid analysis across a broad set of tax strategies. Plan identifies which opportunities apply to each client, estimates potential savings ranges, and assigns confidence scores that help advisors determine whether to act immediately, refine planning scenarios, or escalate to a specialist.

Plan also generates branded, client-ready PDF reports that advisors can take directly into client meetings, removing the need for manual formatting or separate deliverable creation. The platform includes an AI-powered layer that enables advisors to explore scenarios, refine recommendations, and respond to client questions in real time.

As part of Taxfyle’s bundled offering, Plan connects directly to full-service tax filing through a network of more than 7,200 licensed CPAs and EAs. This allows advisors to move seamlessly from planning to execution within the same workflow, without needing to build or manage an in-house tax team.

“Tax planning is one of the most important conversations advisors can have with clients, but historically it has been too time-consuming and manual to scale effectively,” said Richard Lavina, CEO of Taxfyle. “With Plan, we’re changing that by giving advisors the ability to instantly surface meaningful tax opportunities, communicate them clearly, and execute seamlessly through our network of licensed professionals. It allows RIAs to deliver a level of tax service that was previously out of reach for most firms.”

Unlike traditional tools that focus either on software automation or outsourced services in isolation, Plan was built as a tax-first platform grounded in practitioner expertise, designed by a team processing thousands of tax returns annually. The system is intended to enhance advisor workflows rather than replace them, allowing firms to deliver deeper tax insights while maintaining client relationships at the center of their practice.

The launch reflects growing demand among RIAs for scalable, year-round tax solutions that reduce operational burden, eliminate seasonal bottlenecks, and expand the role of tax planning within wealth management. Nearly half of RIAs currently do not use dedicated tax planning software, representing a significant opportunity for adoption.

Taxfyle’s bundled planning and filing model positions tax as a continuous advisory service rather than a once-a-year compliance function, enabling advisors to deepen client engagement and expand revenue opportunities without hiring internal tax teams.